15 May

This may be a case of “I told you so” as it was inevitable that manufacturing in China would eventually start moving out

This may be a case of “I told you so” as it was inevitable that manufacturing in China would eventually start moving out – either to protect IP and/or improve process and Time-to-market, or for cost arbitrage, or all.https://www.linkedin.com/feed/update/urn:li:activity:6533963424370647040 India may well be a beneficiary on the second count, propped by the fact that we do have a more established (and acknowledged) track record on IP and other best practices. However, this is more reactive than a strategic move – most of the initiative in India to push the agenda in this direction has been mostly talk, with little to show on the ground. Had we followed our announced intent with concrete steps, possibly this would not have waited for the falling out between US and China to happen, and we would be today a preferred, alternate manufacturing destination for developed economies a few years sooner. Still, its never too late to start and this may well be the stimulus that our still flailing manufacturing sector needs to become a global force and that establishes India as a trusted partner. This is also the litmus test that the country’s leadership in industry and government need to pass – for words alone can get us no further!

Leave A Reply

Your email address will not be published. Required fields are marked *